Writing

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Light And Love

Today we celebrate the life and teachings of the great Martin Luther King Jr. He had a way with words and among my favorites is this quote, which seems very apropos right now: Darkness cannot drive out darkness: only light can [...]  Read more

Some Thoughts On Equity Compensation

A hallmark of startup companies, the tech sector more broadly, and certainly our portfolio companies, is that they include equity in their compensation packages for their employees, often all employees. If you work for a tech company, chances are good [...]  Read more

Some Thoughts On Equity Compensation

A hallmark of startup companies, the tech sector more broadly, and certainly our portfolio companies, is that they include equity in their compensation packages for their employees, often all employees. If you work for a tech company, chances are good [...]  Read more

Losing In Double Overtime

Longtime readers know that I am a Knicks fan. Or as the Signal group I have with a couple of my kids is called, a “Frustrated Knicks Fan.” Last night we lost at home in double overtime to the Bulls. [...]  Read more

Timing

There is a big difference between being right about something and being right about when something will happen. Sadly, to profit from being right you either have to get the timing right or you have to hang in there until [...]  Read more

Being Direct

I saw The Gotham Gal’s reply to an email this morning that we were both copied on. I can’t remember exactly what she said but it was something like “I understand, but no.” No beating around the bush, no letting [...]  Read more

Meditation And Distraction

I’ve been meditating for ten to fifteen minutes every day for the past two months. I have not missed a day since I started. I find it to be a wonderful practice which I enjoy and look forward to very [...]  Read more

Taking Money “Off The Table”

One of the hardest things in managing a venture capital portfolio is managing your big winners. A big winner can dwarf the rest of the entire portfolio and you end up sitting on enormous paper profits that you can’t get [...]  Read more